# Gradient raises $18M Series A for HVAC products

Gradient, a thermal science company developing heat pump HVAC products, closed an $18 million Series A funding round co-led by Sustainable Future Ventures and Ajax Strategies to expand operations and develop new products.

- Type: Investment
- Announced: 2023-02-02
- Where: San Francisco, California, United States
- Value: $18.0M
- Status: announced
- Products: window heat pump units, HVAC systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Gradient](https://endata.com/companies/11454.md)
- [Sustainable Future Ventures](https://endata.com/companies/68308.md) (investor)
- [Ajax Strategies](https://endata.com/companies/68309.md) (investor)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20230202005351/en/Gradient-Raises-%2418MM-in-Series-A-Financing), 2023-02-02: "Gradient, a company built by thermal scientists to rethink HVAC and build products that are good for the planet and great at cooling and heating homes, announced today that it closed a Series A funding round of $18 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
